$9,488 Closing Credit*
$799,000
1,485 SqFt
3 Beds
•2 Full Baths
Hal Sweasey, Listing Office: Keller Williams Realty Central Coast
Is 93420, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 93420 has remained a Seller's Market.
Key Takeaway
93420 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93420, CA
How much do homes in 93420, CA cost?
Median Sold Price
$1,059,798
$545/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$54,798(+5.5%)
Key Takeaway
Homes in 93420 have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in 93420 was $1,059,798 in November 2024, up 5.5% from last year, and the median price per square foot was $545.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $555K | $384K | -30.8% |
| 2 Bedrooms | $599K | $620K | +3.5% |
| 3 Bedrooms | $932K | $980K | +5.2% |
| 4 Bedrooms | $1.2M | $1.3M | +9.2% |
| 5+ Bedrooms | $1.5M | $1.8M | +16.3% |
Summary: 93420 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.8%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 16.3%.
Housing Supply in 93420, CA
How many homes are available in 93420, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 81 | -10.0% |
Summary: The 93420 real estate market had 81 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 43 | 37 | -14.0% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The 93420 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 14%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93420, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 93420 in November 2024, down by 8.7% month-over-month. Of the 21 sold homes, 43% were sold under asking, 19% were sold at asking, and 38% were sold over asking.
Days on Market for 93420, CA
How long does it take to sell a home in 93420, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 45 Days | +37.7% |
Summary: Homes in 93420 had an average of 45 days on market in Nov 2024, up by 37.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93420 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in 93420; 52% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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